38 Unit - Mid Rise Apartment Building - FOR SALE

Multi-Family for Sale
Catylist Listing ID: 30834818
Property Subtypes: Mid-Rise
Number of Units: 38 Units
Building Size (RSF): 1 SF
Gross Building Area: See Agent
Gross Land Area: 18,099 SF
Sale Price: $1
Unit Price: $0.03 Per Unit
Property Use Type: Investment
Building Name: Lincoln Towers
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 5/25/2023

Overview / Comments

Rockport Brokers & Associates has been retained as the exclusive agent to market For Sale “Lincoln Towers" located at 33 Kennedy Street.


Lincoln Towers stands tall across from the Manitoba Legislative Building near the Assiniboine River. Current ownership has found great success in keeping the large suites occupied on a full calendar year.


- Boiler System
- Roof
- Domestic hot and cold water


33 Kennedy features Large Suites with the opportunity for a value add acquisition. Take advantage of existing CMHC Programs with favorable interest, fees and amortization schedule.

SUITE MIX: Bachelor x 14, One Bedroom x 8, Two Bedroom x 16
PARKING: 43 Stalls
ZONING: D – Downtown Living Sector


- On-site Caretaker
- On-site Laundry


33 Kennedy is being offered For Sale Unpriced.

Physical property tours are scheduled on May 3rd and May 10th from 1:00PM - 4:00PM (CST). All qualified purchasers must have reviewed all of the provided information following an executed Confidentiality Agreement and register for the above noted property tour.

Offers and Expressions of Interest are to be submitted by 2:00 PM (CST) on May 16, 2023.

Please contact DJ Trudeau or Andrew Thiessen at 204.453.7653 or info@djtrudeau.ca for further information.

Additional Details

Nearest MSA: Winnipeg
Market: Winnipeg
Tax ID/APN: 12092684500
Zoning: D - DOWNTOWN
Number of Stories: 8
Year Built: 1959
Roof Type: Flat
Construction/Siding: Brick, Concrete
Parking Type: Surface
Passenger Elevators: 1
Laundry: Shared
Heat Type: Hot Water
Heat Source: Radiant
Fuel: Gas
Lot Frontage: 150
Lot Depth: 150
Water Service: Municipal
Sewer Type: Municipal

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Photograph of Listing Agent

David-Jeffrey Campbell Trudeau

Rockport Brokers & Associates Inc. CPIX® Member
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